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UPDATE 1-BCE profit beats due to Astral takeover, wireless growth

2014-05-06 16:31:08| Telecom - Topix.net

BCE Inc , Canada's largest telecommunications company, reported a better-than-expected adjusted profit, helped by its acquisition of TV and radio content producer Astral Media and strong growth in its wireless business.

Tags: due update growth wireless

 

Bell and Astral say takeover deal to close July 5 following CRTC approval

2013-06-28 17:23:55| Wireless - Topix.net

The takeover of Astral Media Inc. by BCE Inc. is now expected to close on July 5, the companies said Friday following the final regulatory approval by the CRTC.

Tags: close july deal approval

 
 

CRTC gives green light to Bell's second revised bid for Astral Media

2013-06-28 02:35:12| Telecom - Topix.net

Canada's communications regulator cleared the way for the country's newest telecom colossus Thursday, approving Bell's retooled $3.4-billion bid for Astral Media and its coveted TV specialty channels and radio stations.

Tags: media light green bid

 

Canada's Bell Media bid for Astral approved

2013-06-28 02:00:00| Total Telecom industry news

BCE-owned media company gains 84 radio stations and 25 TV services.

Tags: media approved bid bell

 

CTRC approves BCE bid to acquire Astral Media

2013-06-27 22:39:00| Telecompaper Headlines

(Telecompaper) The Canadian Radio-television and Telecommunications Commission (CRTC) has approved an application by Astral Media to sell its pay and speciality television channels, conventional television stations and radio stations to BCE. The CRTC's approval comes with a number of conditions that are necessary to uphold the public interest. The application filed in agreement with the Competition Bureau included a proposal to sell ten radio stations and eleven television services as well as certain restrictions, such as a prohibition on imposing restrictive bundling requirements on providers. Following the divestures, BCE's share of the French-language television market will be 22.6 percent. In the English-language market, its share will be 35.8 percent.

Tags: media bid acquire approves

 

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